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Williams Inc. has collected payroll data for the most recent weekly pay period. Employee Reg. Hours Overtime Hours Pay Rate Plan Contribution Tax Withheld Cumulative

Williams Inc. has collected payroll data for the most recent weekly pay period.

Employee Reg. Hours Overtime Hours Pay Rate Plan Contribution Tax Withheld Cumulative Earning to End of Prior Period
R. Doll 35 4 22.40 50.00 186.25 9,500.00
F. Fillip Salary - 2,220.00 125.00 400.00 39,000.00
J. Sweeny 40 5 13.00 23.00 90.00 17,250.00
K. Frank 30 6 16.00 50.00 180.00 53,000.00
S. Wong 35 9 11.00 31.00 130.00 14,120.00

CPP is 4.95% on the annual pensionable earnings of $50,100 ($55,900 maximum with the first $3,500 exempt), matched by the employer, and EI is 1.66% to a maximum of $51,700 annually, with the employer paying 1.4 times the employees' contributions. Williams' pension plan allows the employee to make designated contributions which are matched by the company. F.Fillip is an administrative employee, and the other employees are shop workers. Employees are paid time and a half for any overtime work. Prepare the journal entries to record:(a) The payroll accrual.(b) The employer payroll tax expense.(c) The employees' fringe benefits.

(Salary x 0.0495) (Salary x 0.0166)
Salary CPP EI Deduction
R. Doll 918.40 45.46 15.25
F. Filip 2,200.00 108.90 36.52
J. Sweeny 617.50 30.57 10.25
K. Frank 624.00 Exempt 10.36
S. Wong 533.50 26.41 8.86
Total 4,893.40 211.34 81.23

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